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Minimis aid for companies: 555/10.08.2009

Development and modernisation of enterprises
Government Decision no. 555/10.08.2009 was published in Official Gazette no. 803/2009. GD 803/2009 amends Governmental Decision no. 1164/2007 on de minimis aid for development and modernisation of enterprises. The main amendments refer to: *the sectors no longer qualifying for de minimis aid for development and modernisation of enterprises; *The obligation of de minimis aid beneficiaries to have been in business for at least one year before applying for de minimis aid; *The changed ceiling of de minimis aid applicable to road transport undertakings (EUR 100,000); *Investments in intangible assets for industrial and travel purposes related to the aid applied for being qualified as eligible expenses. Under GD 83/2009, land or land development projects are no longer considered eligible costs. See: Official Gazette no. 555/10.08.2009 and